Mento V2(MENTO)
Total Value Locked$12.78m
TVL by Chain
Ethereum$6.78m
Celo$5.31m
Monad$694,523
Bitcoin$0.50
Key Metrics
Fees 30d$471.73
Fees 30d by chain
Celo$471.73
Fees 7d$122.06
Celo$122.06
Fees 24h$0.58
Celo$0.58
Cumulative Fees$30,825
Celo$30,825
Revenue 30d$471.73
Revenue 30d by chain
Celo$471.73
Revenue 7d$122.06
Celo$122.06
Revenue 24h$0.58
Celo$0.58
Cumulative Revenue$30,825
Celo$30,825
Holders Revenue 30d$0
Holders Revenue 30d by chain
Celo$0
Holders Revenue 7d$0
Celo$0
Holders Revenue 24h$0
Celo$0
Cumulative Holders Revenue$0
Celo$0
DEX Volume 30d$97,632
DEX Volume 30d by chain
Celo$97,632
DEX Volume 7d$23,432
Celo$23,432
DEX Volume 24h$50.35
Celo$50.35
Cumulative DEX Volume$30.019b
Celo$30.019b
Total Raised$10m
Oct 16, 2024$10mRound: Investors: T-Capital, HashKey Capital, Richard Parsons, Flori Ventures, Verda Ventures, w3.fund
Protocol Information
Mento, an open source and permissionless protocol live on the Celo network. It facilitates the launch of stablecoins such as cUSD, cEUR, and cREAL
Audits:
Methodology
TVL: TVL counts all assets deposited as collateral to mint Mento stablecoins.View code on GitHubFees: Each swap is priced with a spread (0.02%-2% depending on the pair) applied to the amount swapped in; that spread is the fee.View code on GitHubRevenue: All swap-spread fees. They accrue to the Mento Reserve backing the stablecoins; there are no liquidity providers, so nothing is paid to a supply side.View code on GitHubHolders Revenue: View code on GitHubDEX Volume: Value of tokens users received from Mento stablecoin swaps.View code on GitHubCompetitors
Frequently Asked Questions
What is Mento V2's TVL?
Mento V2 currently has $12.78m in total value locked. TVL has increased 4.8% over the past 30 days.
What chains does Mento V2 operate on?
Mento V2 operates on 4 chains: Ethereum, Celo, Monad, and Bitcoin. Ethereum holds the largest share at 53%.
How much has Mento V2 generated in fees and revenue?
Over the past 30 days, Mento V2 generated $471.73 in fees. Of that, $471.73 was protocol revenue. Based on the trailing year, the annualized rate is $142,414 in fees and $142,414 in revenue.
How does Mento V2's TVL compare to similar protocols?
Among Algo-Stables protocols tracked by DefiLlama, Mento V2 ranks #2 by TVL. The category holds $54.58m across 99 protocols, and Mento V2 accounts for 23.4% of that total. Other leading protocols include Frax, Basis Cash, SPOT Cash, Frax FPI, XUSD Money, Generic.Money, Spice Trade, TiTi Protocol, OpenDAO, and Fei Protocol.
How much trading volume does Mento V2 process?
Mento V2 processed $97,632 in DEX volume over the past 30 days.